Home / Metal News / Nonferrous metals generally fell overnight, LME lead prices dropped [SMM Lead Morning Comment]

Nonferrous metals generally fell overnight, LME lead prices dropped [SMM Lead Morning Comment]

iconFeb 6, 2024 09:50
LME lead opened at $2140/mt and fell during the Asian trading hours yesterday. During the European trading hours, LME lead briefly hit the lowest of $2106/mt, closing down 1.43% at $2106/mt overnight.

SHANGHAI, Feb 6 (SMM) -

LME lead opened at $2140/mt and fell during the Asian trading hours yesterday. During the European trading hours, LME lead briefly hit the lowest of $2106/mt, closing down 1.43% at $2106/mt overnight.
The most-traded SHFE 2403 lead contract opened at 16205 yuan/mt and fell to the lowest point at 16125 yuan/mt. SHFE lead rose slightly and finally closed at 16150 mt, down 45 yuan/mt or 0.28% overnight.

Market review
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All